Business

April 11, 2014 1:01 PM

No nation can insulate itself from external vulnerabilities: RBI Governor

Reserve Bank Governor Raghuram Rajan has said though the country has enough foreign exchange reserves, no nation can fully insulate itself from external vulnerabilities.At a conference organised by the Brookings Institution in Washington yesterday he said that India is well-buffered with substantial...

April 11, 2014 9:55 AM

Mumbai's pothole, road repairs to be complete by May : BMC to HC

The Brihanmumbai Municipal Corporation (BMC), Mumbai's civic body, has informed the Bombay High Court that the repair of potholes and maintenance work of roads in the city and suburbs would be completed by May 20. A report was submitted by the Additional Municipal Commissioner before a divi...

April 11, 2014 9:44 AM

Punjab's RCF pips target; over 1700 coaches made last fiscal

Punjab's Kapurthala based Rail Coach Factory (RCF) has produced record number of coaches in the financial year ended on 31st March this year, as it reached the mark of 1701 coaches against installed capacity of 1500 coaches per annum. Senior RCF spokesperson Virendra Kumar Vij told a news a...

April 11, 2014 9:38 AM

Mumbai's pothole and road repairs will be complete by May 20: BMC to HC

The Brihanmumbai Municipal Corporation (BMC), Mumbai's civic body, has informed the Bombay High Court that the repair of potholes and maintenance work of roads in the city and suburbs would be completed by May 20. A report was submitted by the Additional Municipal Commissioner before a divi...

April 11, 2014 9:38 AM

Chennai MRTS Phase 1 extension gets HC nod

The Madras High Court today gave the green signal to the Mass Rapid Transit System (MRTS-Phase II) extension from Velacherry to St.Thomas Mount in Chennai over a distance of five km, which is almost complete. The total project cost is about 495 crore rupees. Dismissing a batch of writ petitions and ...

April 11, 2014 9:31 AM

Punjab's RCF pips target; produces over 1700 rail coaches in last fiscal

Punjab's Kapurthala based Rail Coach Factory (RCF) has produced record number of coaches in the financial year ended on 31st March this year, as it reached the mark of 1701 coaches against installed capacity of 1500 coaches per annum. Senior RCF spokesperson Virendra Kumar Vij told a news a...

April 11, 2014 8:52 AM

Ukraine tensions could trigger gas shortages in EU

Russian President Vladimir Putin has warned European leaders that Ukraine's delays in paying for Russian gas have created a critical situation. Pipelines transiting Ukraine deliver Russian gas to several European Union countries and there are fears that the current tensions could trigger ga...

April 10, 2014 2:59 PM

Chinese exports fall for second month in a row, imports also slip

China's exports slumped 6.6 per cent year-on-year to over 170 billion US Dollars in March, raising freshconcerns over the health of the trade sector and strength of the country's slowing down economy.According to the General Administration of Customs (GAC), imports were down 11.3 p...

April 10, 2014 2:52 PM

Chinese exports fall for the second month in a row, imports also slip

China's exports slumped 6.6 per cent year-on-year to over 170 billion US Dollars in March, raising freshconcerns over the health of the trade sector and strength of the country's slowing down economy.According to the General Administration of Customs (GAC), imports were down 11.3 p...

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